Loan deferrals top $211bn

Loan deferrals top $211bn

According to the latest data from the Australian Banking Association, banks have deferred 703,419 loans worth a value of $211 billion. Mortgages made up a majority, with the banks deferring one in 14 home loans totalling more than $150 billion to assist Australians...
Calls for startup help after JobKeeper

Calls for startup help after JobKeeper

“JobKeeper has been a lifeline for the startup industry … it obviously can’t last forever. We’ve been working with startups across the country to make sure they can stand on their own two feet and survive a long and slow recovery without...
ATO cools tax debt approach amid crisis

ATO cools tax debt approach amid crisis

Earlier this month, ATO second commissioner Jeremy Hirschhorn told a parliamentary inquiry that the ATO would adopt a “sympathetic and understanding” compliance approach when dealing with JobKeeper turnover estimates, after concerns were raised around the ATO’s firm...